Rishi Sunak: Government to pay 80% of wages for those not working in coronavirus crisis

The Government will pay 80 per cent of wages of those unable to work during the coronavirus crisis, as Rishi Sunak announced “unprecedented measures for unprecedented times”.

The coronavirus job retention scheme will pay up to £2,500 per worker each month to businesses, with the Chancellor pledging his “responsibility” to protect people’s jobs and incomes.

He said: “Today I can announce for the first time in our history the Government is going to step in and pay people’s wages.

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In This Story: Italy

Italy is a republic in central Europe which forms a peninsula in the Mediterranean Sea as well as bordering France, Switzerland, Austria and Slovenia. The islands of Sardinia and Sicily form part of the main territory of Italy. Italy is part of the Eurozone, having entered the common currency on 1st January 1999.

The capital, Rome, is home to the Vatican as well as landmark art and ancient ruins. Other major cities include Florence, with Renaissance masterpieces such as Michelangelo’s “David” and Brunelleschi’s Duomo; Venice, the city of canals; and Milan, Italy’s fashion capital.

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In This Story: Rishi Sunak

Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015.

His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.

Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, he would later become the UK Chancellor of the Exchequer in under five years.

Brief Biography Here.

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